Starting a business: Procedures required - Men in Korea, Rep.
Korea, Rep.: Starting a business: Procedures required - Men was 3 number in 2019. ▼ Falling
Starting a business: Procedures required - Men in Korea, Rep., 2003–2019
Source: World Bank. Measured in number.
Analysis
In 2019, starting a business: procedures required - men in Korea, Rep. stood at 3 number. That is the lowest value across all 17 years on record.
The figure is down 62.5% over ten years.
Over the whole period, starting a business: procedures required - men in Korea, Rep. peaked at 10 number in 2003 and was at its lowest, 3 number, in 2016.
Korea, Rep. ranks 163rd of 188 countries on this measure, in the bottom quarter.
The long-run direction has been consistently falling across the 17 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.71 number | 8 number | 10 number | 7 |
| 2010s | 4.2 number | 3 number | 8 number | 10 |
Countries ranked near Korea, Rep.
- 163 Armenia 3 number compare
- 163 Australia 3 number compare
- 163 Azerbaijan 3 number compare
- 163 Brunei Darussalam 3 number compare
- 163 Burkina Faso 3 number compare
- 163 Estonia 3 number compare
- 163 Finland 3 number compare
- 163 Greece 3 number compare
- 163 Ireland 3 number compare
- 163 Israel 3 number compare
- 163 Moldova 3 number compare
- 163 Saudi Arabia 3 number compare
- 163 Slovenia 3 number compare
- 163 Taiwan 3 number compare
- 163 Tajikistan 3 number compare
- 163 Togo 3 number compare
- 163 Tunisia 3 number compare
- 163 Uzbekistan 3 number compare
More private sector data for Korea, Rep.
- Merchandise trade 71.6% (2025)
- Food imports 6.3% (2024)
- Manufactures imports 60.1% (2024)
- Merchandise imports 631.89 billion current US$ (2025)
- Food exports 1.6% (2024)
- Manufactures exports 87.3% (2024)
- Merchandise exports 709.33 billion current US$ (2025)
- Commercial service exports 149.31 billion current US$ (2025)
- Transport services 19.5% (2025)
- Computer, communications and other services 57.4% (2025)
Frequently asked questions
- What is starting a business: procedures required - men in Korea, Rep.?
- Starting a business: procedures required - men in Korea, Rep. was 3 number in 2019, according to the World Bank.
- What is the highest starting a business: procedures required - men recorded in Korea, Rep.?
- The highest recorded value was 10 number in 2003.
- What is the lowest starting a business: procedures required - men recorded in Korea, Rep.?
- The lowest recorded value was 3 number in 2016.
- How does Korea, Rep. rank for starting a business: procedures required - men?
- Korea, Rep. ranks 163rd out of 188 countries with data for 2019.
- Is starting a business: procedures required - men rising or falling in Korea, Rep.?
- Over the last ten years it is down 62.5%. The long-run trend across the full record is falling.
- Where does this Korea, Rep. data come from?
- The figures come from the World Bank, published as part of Starting a business: Procedures required - Men (number). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
The number of procedures for men records all the procedures required in practice for five male married entrepreneurs to start and operate a local limited liability company. A procedure is de?ned as any interaction of the company founders with external parties. Both pre- and post-incorporation procedures that are officially required or commonly done in practice are recorded.